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DeFi Yield Protocol Pushes DYP Token Liquidity with KyberDMM
5.10.2021
KyberDMM (Kyber Dynamic Market Maker) works as a decentralized exchange system that improves liquidity through amplified pools, maximizing liquidity provider returns through dynamic fees. In addition to the Avalanche network’s ‘Rainmaker’ liquidity mining campaign ($5.8M in prizes),...
The Need for Commonwealth and the Common Protocol
5.10.2021
Commonwealth and the Common Protocol were created out of a growing need to bring different on-chain communities and projects together to facilitate collaboration and governance. It’s a one-size-fits-all protocol for different communities to discuss, vote on, and then fund projects, all from...
Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs
4.10.2021
Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn developer, someone called a function that moved more funds to be available for users to claim. Now, users can claim up to $140 million of the protocol’s...
Rigel Protocol to Launch Yield Farming V2 Version Soon
4.10.2021
In what could be termed as an important development for Rigel Protocol, its Yield Farming V2 is progressing fast and in the last stages of development. The new version of the decentralized application comes with a host of new features, including access to the range of new pools, seamless user...
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
1.10.2021
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and...
Forward Protocol Enters Into a Partnership with UniLend
29.9.2021
The DeFi sector recently witnessed another important partnership with Forward Protocol and UniLend joining hands. The collaboration will witness UniLend using Forward Protocol’s lending and borrowing functionality. UniLend is one of the most well-known permissionless decentralized protocols in...
Bacon Protocol launches decentralized mortgage platform
28.9.2021
The platform gives crypto holders direct access to the mortgage investment market, which is currently controlled by banks and governments
Ethereum Layer 2 Protocol Metis to Host dApp Creation Hackathon on October 2021
28.9.2021
Metis, an Ethereum Layer-2 rollup platform promising low gas fees, quick transactions, native storage, and high security, has confirmed that it will hold a hackathon event beginning in early October. The project addresses Ethereum’s most critical challenges, including simplicity, speed...
DYDX Soars as Protocol Sees Trading Volume Double That of Coinbase
27.9.2021
t price of USD 20.82, the newly issued token has already risen more than 80% since coming into circulation on September 8 this year.Price of DYDX. Source: CoinGeckoThe rise today follows yesterday's tweet from dYdX founder Antonio Juliano in which he said that dYdX Protocol now, for the first
Polker Is Integrating Chainlink Price Feeds Into Its Multi-Crypto Marketplace
23.9.2021
Polker is proud to announce the upcoming integration of Chainlink Price Feeds. By integrating Chainlink-powered decentralized oracles, the Polker platform will be able to offer an even more decentralized and trusted service to players. The initial Chainlink Price Feed implementation will replace...
Wormhole Releases Solana and Ethereum NFT Bridge — A Bi-Directional Highway for Blockchain Collectibles
23.9.2021
Last Friday, blockchain project the Wormhole Network launched the protocol’s ethereum ↔ solana bridge which enables users to exchange assets from both networks in a cross-chain fashion. Five days later, the Wormhole Network team announced the launch of a non-fungible token (NFT)...
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
Protocol Labs, Filecoin, ETH Foundation, and Electric Coin Join Hands for Halo 2
21.9.2021
Protocol Labs, Filecoin Foundation, and the Ethereum Foundation have signed a deal with Electric Coin Co. (ECC) to explore Halo R&D and know-how. The technology may be employed in their respective ecosystems. The Ethereum Foundation is a non-profit organization committed to supporting Ethereum...
Solana attributes major outage to denial-of-service attack targeting DEX offering
21.9.2021
The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees
Bitcoin.com Wallet Adds ERC-20 Tokens
20.9.2021
The Bitcoin.com Team is excited to announce the integration of ERC-20 tokens into the Bitcoin.com Wallet. That means anyone can now buy, sell, receive, store, trade, and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet. ERC-20...
ADALend: New Wave of DeFi Loans on Cardano
19.9.2021
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
DAFI Protocol Integrates Polinate into Super Staking 2.0
17.9.2021
DAFI Protocol, the reward distributor for decentralized networks, has recently collaborated with Polinate, intending to spread its futuristic reward diffusion system in the entire blockchain universe. Polinate, a highly advanced hub for crowdsourcing has boosted the morale of the market players...